PIAM’s GIIFT Pro­gramme

– The Sec­ond and Third In­takes

Insurance - - EVENTS -

GIIFT, or the Gen­eral In­surance In­tern­ship for Ta­lent, is an ini­tia­tive of the gen­eral in­surance in­dus­try to build a pipe­line of ta­lent for the gen­eral in­surance in­dus­try in Malaysia. With the aim to pro­file the in­dus­try to the pool of young tal­ents at uni­ver­si­ties, GIIFT show­cases the rich and var­ied ca­reer op­por­tu­ni­ties the in­dus­try has to of­fer.

Fol­low­ing the suc­cess of the first in­take of the GIIFT Project in July 2015, where two out of the 12 in­terns en­gaged were em­ployed by the in­dus­try af­ter their in­tern­ship, PIAM rolled out the sec­ond and third in­takes in the fourth quar­ter of 2015 and first quar­ter of 2016 re­spec­tively.

The sec­ond in­take at­tracted many ap­pli­ca­tions, out of which 21 was se­lected. Th­ese were mainly un­der­grad­u­ates from UTAR Sg Long and Kam­par Cam­puses, as well as War­wick Univer­sity, UK. The third in­take yielded 15 in­terns from Sun­way Univer­sity and Kolej Poly-Tech Mara.

The suc­cess­ful ap­pli­cants, at­tended a two-day In­duc­tion Course where they were briefed on the over­all land­scape of the in­dus­try, the reg­u­la­tory en­vi­ron­ment, in­dus­try per­for­mance and key is­sues faced by the in­dus­try. There were also pre­sen­ta­tions on Un­der­writ­ing, Claims, Busi­ness De­vel­op­ment, Com­pli­ance, Rein­sur­ance, Broking and Loss Ad­just­ing. The in­terns were then at­tached to 12 mem­ber com­pa­nies from Oc­to­ber to De­cem­ber 2015, where they un­der­went a 12week struc­tured and com­pre­hen­sive pro­gramme and were ex­posed to soft skills re­quired in a work­ing en­vi­ron­ment, i.e. com­mu­ni­ca­tions skills, adapt­abil­ity, sit­u­a­tional aware­ness and lead­er­ship.

The fourth in­take will com­mence from June to Au­gust 2016.

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